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20121201
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Search Results 0 to 11 of about 12 (some duplicates have been removed)
for more self-inflicted wounds, certainly not those coming from washington. >> analysts say failure to reach a deal with poison u.s. consumer spending. the fiscal cliff would trigger tax increases and government spending cuts in january, leaving far less money in the economy. the international monetary fund warrants of knock on effects for the global economy. -- warns of knock on effects for the global economy. the pressure is on in washington to agree on a plan. only then might the applause on wall street be a little more genuine. >> with the clock ticking ever more loudly in washington, let's bring in our correspondent. first off, are the prospects of an agreement as dim as we are hearing, or could there be a last-minute deal? then of course this could happen, but i think it is quite unlikely. there is an increased pessimism that a deal can be achieved in washington, d.c. from my perspective, i think washington moves too slowly. tax rates will go for all americans, and cuts will go into effect by the end of this year, and we will see no more unemployment benefits for about 2 milli
say he should win easy confirmation in the senate. staying in washington, and president obama is increasing the pressure on the country's powerful gun lobby's and calling for stricter regulations on assault weapons. he has also challenged his fellow gun control advocates to take a clear stand on the issue. >> america had a moment of silence for the victims of the newtown massacre. exactly one week ago, a young man armed with a semiautomatic rifle gunned down 20 people in connecticut. meanwhile, the national rifle association has taken a hard- nce on the issue, calling for armed security guards in yev american school to protect students. >> the gun owner's organizatitin has proposed the establishment of a national school shield program, saying a bad guy with a gun can only be stopped by a good guy with a gun. the head of the inner raymond it clear that the nra opposes new gun laws. pro-gun control activists twice disrupted the press conference in washington. russian president vladimir putin has made sharp comments about a european energy law, saying it causes confusion and unde
are presenting that we can either contact or -- ? >> yes, peter bareez -- peter de vries of washington state and tom harkin in the senate. i have just come to our door tom harkin because he is like a voice of rationality in understanding the economics and burnie of the legal rules -- and making sure we have liberals for the economy. and the transaction tax is being taken very seriously in europe and probably will happen there, even though the u.k. is kicking and screaming because they specialize in being the home of trading, whether trading in stocks or derivatives or anything else. they simply do not want that to be taxed. there are people in congress. i think wall street is now the number-one contributor to political campaigns. at least, it is in the running for number-one. i have been to washington many times and i'm involved with several groups that are trying to reform the business sector so that it can work, so that it can survive. it is very difficult because of the sheer amount of money that the finance sector in particular is pouring into lobbying and campaign contributions. it is v
in the investigation. >> all right, let's go over to washington. our correspondent is there on the story for us. what more can you tell us right now? >> most of the information we are getting so far is unconfirmed. the police did not say much. they want to confirm how many people really died during the shooting. most networks talk of 27 being shot dead, 18 kids. all this is unconfirmed, but apparently the number of dead is closer to 30 than 220 -- those are the reports we are getting. -- than to 20. this is an elementary school, so children who attend that school are between five and 10 years old. there are rumors of a second shooter floating around. that has not been confirmed. police said they were questioning a second person but did not call him a suspect. we do not know if the shooter shot himself or was shot by the police. some networks talk about up to four weapons, four shotguns. not confirmed yet. assault weapons are very dangerous. they are rapid-fire weapons, more military-style than anything else. that is a weapon you cannot buy in connecticut, but it is not hard to procure yourself in the
, and say the finance minister is not coming clean about the cost to taxpayers. >> in washington, budgets have stalled again just months before what has become known as the infamous fiscal cliff. president obama appeared at a factory in pennsylvania making his case for raising taxes on top earners and accusing a handful of republicans of holding up a deal. if a deal is not reached by december 31, a $600 billion combination of tax increases and spending cuts goes into effect. let's get a check now on how the markets reacted to all of that news. our correspondence sent us this report from frankfurt. >> the dax climbed for about 2% this week, and share prices have been pushed mainly by the rescue package for greece, but at this last trading day of the week, trading has been quite low. the positive trend continued, although there has been some bad news coming in, like the record high unemployment rate in the euro area and the fact that u.s. consumers spend less money in october. nevertheless, the mood is fine. investors hope the fiscal cliff in the u.s.a. can be avoided. >> let's get a closer
of president obama sequestration policy. everyone here in washington is involved in this attack on our national defense capabilities from a financial perspective. the united states of america has limited funding. i would strongly urge us to use the $480 million being spent on the congo, instead being used to help to people in united states of america who are in need of help, or help reduce the deficit that was testified to be the greatest national security threat to the united states of america. it is a matter of priorities. i appreciate the very noble -- i emphasize the word noble -- effort to help people who are in harm's also way in various parts of the world. my colleague from florida mentioned somalia. certainly in vietnam we tried to do the noble things. we're in a different financial reality. in the absence of a national security interest in the congo, i am afraid that sequestration will force us to retract even though we may wish to the contrary. i yield back the remainder of my time. >> a couple of questions. sequestration is not only obama's, but also our responsibility. i believe we
, still very much in israel's corner, although washington itself has also in the past condemned the settlement buildings as being detrimental to the peace process as well. >> britain's foreign office find it deplorable. it's not just that one spot we were talking about there. east jerusalem, palestinians have said that there has been an incremental takeover in many ways of east jerusalem. there is a report today that settlers have moved into a building in a palestinian neighborhood. today what are you hearing about that? >> well, that's what we're hearing as well that there was a house in east jerusalem, that palestinian settlers just moved into it. that has been a huge problem in the past. not just the fact that settlers were taking over these houses. some of them, of course, with deed that is they claim to have from the past. it's a very big issue of palestinian houses being taken over by israeli settlers there in the east of jerusalem, but also, of course, house demolitions in east jerusalem, settlement construction in east jerusalem. of course, one of the things that is also
. meanwhile, investors are keeping an eye on washington as the deadline to avert the so-called fiscal cliff comes ever closer. >> a different kind of click now -- thousands of mystics, new-age and deals and fans of pre- hispanic culture made their way to mexico in hopes of witnessing great things in less than 24 hours now. that is when the old mayan calendar predicts the end of the current world and the dawn of a new one. >> many of today's ethnic maya do not understand what all the fuss is about. mostly christian, they have looked on in wonder at the influx of foreign tourists to ancient cities in southern mexico and central america was a past hundreds of years ago. -- whose heyday past hundreds of years ago. >> they are dancing according to an ancient mayan ritual in preparation for the end of the world. these days, the famous complex in guatemala is full of visitors. many tourists have come to experience the big day. >> there are mixed feelings. s going to end. others believe it is the end of one era and the beginning of another. democrats are also gathering at mayan sites in mexico. tou
this weekend. a nasty mix of rain, wind, and snow pummeling northern california, oregon, and washington. the national weather service predicts soaking rain and wind gusts that could hit 70 miles per hour in some places. that could trigger flooding and mudslides after spring fires that destroyed whole forests. >>> and a professor hopes to get a few extra students in his statistic s class. he ends up with 54,000 new kids. luckily, he didn't need a classroom for all of them. >> palestinians celebrate in the west bank after an historic vote at the united nations. my guess says it's a game changer. i'll talk to the first woman elected to the palestinian legislative council. shopping for medicare coverage? don't wait. open enrollment ends december 7th. now's the time to take action. call unitedhealthcare today. celebrations after palestinians win a vote at the united nations. it's a vote that gives them a state up grade and is being seen as a possible step towards official statehood. it had been planned before eight days of fighting erupted in gaza. 138 countries voted yes. 41 abstained. only
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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